Johnson Financial Group Inc. Has $113.01 Million Position in Invesco S&P 500 Top 50 ETF $XLG

Johnson Financial Group Inc. grew its holdings in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 2.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,071,676 shares of the company’s stock after acquiring an additional 53,884 shares during the quarter. Invesco S&P 500 Top 50 ETF makes up 4.1% of Johnson Financial Group Inc.’s holdings, making the stock its 5th biggest holding. Johnson Financial Group Inc.’s holdings in Invesco S&P 500 Top 50 ETF were worth $113,010,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Sound Income Strategies LLC raised its position in Invesco S&P 500 Top 50 ETF by 4,166.5% during the fourth quarter. Sound Income Strategies LLC now owns 35,753 shares of the company’s stock valued at $2,104,000 after purchasing an additional 34,915 shares during the period. Cypress Wealth Services LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF in the 4th quarter worth approximately $650,000. Elevation Capital Advisory LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 26.1% during the 4th quarter. Elevation Capital Advisory LLC now owns 161,707 shares of the company’s stock valued at $9,586,000 after purchasing an additional 33,420 shares during the last quarter. One Wealth Advisors LLC raised its holdings in Invesco S&P 500 Top 50 ETF by 5.1% during the 4th quarter. One Wealth Advisors LLC now owns 343,632 shares of the company’s stock valued at $20,370,000 after buying an additional 16,819 shares during the period. Finally, Ethos Capital Management Inc. purchased a new stake in Invesco S&P 500 Top 50 ETF during the 4th quarter valued at $1,905,000.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of XLG opened at $60.71 on Tuesday. Invesco S&P 500 Top 50 ETF has a 52-week low of $52.60 and a 52-week high of $64.77. The company has a market cap of $10.62 billion, a PE ratio of 27.80 and a beta of 1.06. The business has a fifty day moving average of $62.11 and a 200 day moving average of $59.43.

Invesco S&P 500 Top 50 ETF Company Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.